CAclubindia Articles

CBEC should withdraw draconian circular-Recovery proceedings

Posted by Bimal Jain 04 April 2013 9262 Views

CBEC should withdraw draconian circular - Recovery proceedings during pendency of stay application The Central Board of Excise and Customs (the CBEC or the Board) has issued its first Central Excise Circular No. 967/01/20

A major step by Finance Minister

Posted by @*CS Siddharth Bumb. * 04 April 2013 10089 Views

A MAJOR STEP BY FINANCE MINISTER AFTER BUDGET 2013 * Indian Finance Minister Mr P Chidambaram has taken a big step towards assessee in deafaults as soon as budget came out. * After Budget, revenue department used to send show cause notices to

How to construct a financial plan with a strong foundation?

Posted by Ramalingam K 03 April 2013 11311 Views

The motive behind creating a financial plan is to have a route map to achieve your financial goals. A plan that tells you what are all your realistic goals and what are all your unrealistic dreams. A plan that tells where you will be financially 5

Understanding Section 10 with latest Case Laws Part - II

Posted by Manish Kumar Agarwal 03 April 2013 20328 Views

We had earlier discuss in detail about the concepts of exemption of section 10 along with various case laws earlier in part I. In case you want to refer, the part I, please click on the link below: http://taxbymanish.blogspot.in/

Independent director in fresh gaze

Posted by Rupesh Khokle 03 April 2013 6370 Views

The new norms of the Companies bill have become more elaborative for appointment, re-appointment, resignation, professional conduct, roles & function etc. of independent director. It has expanded scope, roles, responsibilities and nature of d

Perspectives on Life Insurance Industry In India

Posted by CA. Nirmal Ghorawat 03 April 2013 13043 Views

Download a copy of this Document in PDF Synopsis 1 Background of the Insurance Sector 2 Snapshot of the Performance of the Life Insurance Sector post Liberalisation 3 Is LIC

Changes in Mega Exemption List w.e.f April 1, 2013

Posted by Bimal Jain 02 April 2013 22566 Views

CHANGES IN MEGA EXEMPTION LIST W.E.F APRIL 1, 2013 VIDE NOTIFICATION NO. 3/2013-ST DATED. 1-3-2013 AMENDING NOTIFICATION NO. 25/2012-ST DATED. 20-6-2012: Under S. No. 9 - Exemption by way of auxiliary educational services and renting

Requirement of PAN by Non-Residents & Tax Consequences

Posted by Deepak Agrawal 01 April 2013 62648 Views

NOTE ON REQUIREMENT OF PAN BY NON-RESIDENTS IN INDIA AND TAX CONSEQUENCES: The analysis of the requirement of PAN is made on the basis of following cases: I. Non resident is exempt from tax in India: II. Non resident is liable to ta

The importance of Strategic Study

Posted by Priyadarshan Banjan 01 April 2013 15344 Views

A bad plan is better than having no plan at all Mikhail Tchigorin Well, Im student of Chartered Accountancy at Mumbai. I recently cleared the CA-IPCC (November 2012). Id like to share with you guys about an impor

Service Tax on Restaurants

Posted by Ankit Gupta 01 April 2013 57765 Views

Service Tax on Restaurant Industry By Ankit Gupta and team (argtaxconsultants@gmail.com) Prior to Negative List A new category of taxable service for levy of service tax on restaurants was introduced by insertion of sub-clause (zzzzv) in cl